Global Tomato Seeds Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 8.1% during the forecast period that is 2017-2025. Tomato is one of the key crop plants, owing to its nutraceutical and nutritional qualities, as well as having major economic importance as a key source of income and a foremost contributor towards food security. These plants are also used as a model for studying, biochemistry, genomics, plant physiology, genetics, and breeding and also utilized to improve agronomic characteristics for instance tolerance to stress factors.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global tomato seeds market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global tomato seeds market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Market Dynamics

The Global Tomato Seeds Market Size is estimated to expand rapidly in coming years, at a CAGR of 8.1% from 2018 to 2025. In 2017, the global market valuation was USD 559.2 million, and it is anticipated to be greater than USD xx.xx million by 2025 owing to rising awareness, among the farmers regarding the advantages associated with the acceptance of hybrid seeds, particularly in developing nations, through government initiatives, is expected to boost the market over the forecast period. More than 35% of the area that is cultivated with crops, such as cabbage and tomatoes, accepts high-tech seeds and the market share is growing constantly over the recent years. The adoption rate of hybrid seeds is being increasing swiftly among small area farm holders majorly in African region, due to government initiatives. For instance, in Zambia, 800,000 small area farm holders opted for hybrid vegetable seeds during 2016-17, whereas during 2015-16 it was 300,000.

Market Segmentation

The Tomato Seeds market size has been categorized into product type, farm type and geography. On the basis of product type the tomato seeds market is catogorized into open pollinated tomato seeds, hybrid tomato seeds, and heirloom tomato seeds. Tomato seeds market on the basis of farm type is categorized into greenhouses, and farms among others. Farm segment is anticipated to hold the largest market share over the forecast period owing to the growing demand for tomatoes for both R&D purposes and also from the consumer side.

Regional Analysis

North America accounted for the largest tomato seed market owing to the growing demand for tomatoes from fresh and processed food industries. As per the Vegetables and Pulses Yearbook, published in 2017, U.S. Department of Agriculture (U.S.D.A), the total amount of tomatoes produced accounted for 3,129.4 million pounds in 2016. The utilization of tomatoes for processing was approximately 56 pounds per person in 2015, which has increased to 61.2 in the year 2016. Along with per capita consumption of fresh tomatoes was 20.5 pounds per person in the year 2015, which has increased to 21.3 pounds per person in 2016. Additionally, the U.S. has experienced a significant growth in the demand for canned tomatoes, which is the key driving factor for the growth of tomato seeds market size.

Global Tomato Seeds Market Size, Share Analysis, By Region 2018-2025

Asia Pacific is anticipated to be the fastest rising region for tomato seeds market, China being the major producer of tomatoes, along with by India. Tomatoes have substantial demand majorly from food processing industry in Asia-Pacific. As per the report issued by Deutsche Gesellschaft Für Internationale Zusammenarbeit GMBH (GIZ) in 2016, the demand for tomato processed foods in India is increasing annually by 30%, due to rising demand for pasta sauce, gravies, ketchup, ready-to-eat products, and bulk supplies to hotel chains, fast food restaurants, and retail food chain. As per the survey led by the Associated Chambers of Commerce of India in June 2016, the demand for tomato ketchup and puree has grown by 40% due to surging prices of fresh tomatoes and growing trend towards easy-to-cook meals. This development in tomato processing industries is driving the tomato seeds market size.

Global Tomato Seeds Market Study Objective

1. To forecast the market size of tomato seeds market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of tomato seeds market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of tomato seeds market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of tomato seeds market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the tomato seeds market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Tomato Seeds Market: Key Players

The key players in tomato seeds market are Limagrain, Syngenta, Advanta, East-West Seeds, Monsanto, Rijk Zwaan, Bayer CropScience, and Sakata among other key players. Advanta Seeds, a UPL Group Company, announced its partnership with Texas A&M AgriLife Research, for seed technology R&D in November 2016.

Global Tomato Seeds Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.